Correspondent agreement

Japanese: correspondent agreement（英語表記）correspondentagreement

…In the United States, the bank acceptance market is well developed and plays a major role in facilitating international trade finance. Correspondent agreementAn agreement that an exchange bank concludes with a foreign bank to facilitate foreign exchange transactions. The contents of the agreement include the entrustment of remittance procedures, letter of credit procedures, purchase and payment of bills of exchange, settlement methods for claims and liabilities between the two banks, and the credit transfer limits. …

*Some explanations of terms that refer to "corresponding agreement" are listed below.

Source | Heibonsha World Encyclopedia 2nd Edition | Information

Japanese:

…アメリカでは銀行引受手形市場が発展しており，国際的な貿易金融の円滑化に大きな役割を果たしている。　コルレス契約correspondent agreement為替銀行が外国為替取引を円滑に行うために外国の銀行との間で締結する取決めをいう。その取決め内容は，送金事務，信用状業務，為替手形の買取り･支払などの委託，両行間の債権･債務の決済方法やその信用授受の限度額などである。…

※「correspondent agreement」について言及している用語解説の一部を掲載しています。

出典｜株式会社平凡社世界大百科事典第２版について | 情報

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